... launches bright Rs 200 note; promises to ramp up supply

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The Reserve Bank on Friday launched the bright yellow 200 notes and said it will shortly ramp up the supply of the new currency note across the country. long queues of people were witnessed at RBI offices today to get the new Rs 200 currency note that has been introduced for the first time by the central bank. The RBI has launched the Rs 200 note with an aim to make it easier for the common man to transact in lower denomination currencies. These notes are available only through “select RBI offices and banks as is normal when a new denomination of notes is introduced and the supply increases gradually”, the RBI said in a release. The production of these notes is being “ramped up by the currency printing presses, and over time as more notes are printed, it will be distributed across the country through the banking channels and will be available for public in adequate quantity”, the release said.    

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